No. of Recommendations: 1
Don't rush to buy trusts right now.The RRSP season has just closed and there is a lot of loose money looking for an investment with real returns .The prices on many funds are being bid up by this glut of money and should move down over the next week or two.Do your own research and be aware of the (untaxed) portion of the distributions.They are (return of capital)your own money coming back,NOT INCOME.
good luck
Bob
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement